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£5K Deposit Mortgage for First Time Buyers

04.04.24

£5K Deposit Mortgage for First Time Byters
Brand New £5k Deposit Mortgage for First Time Buyers

Have you heard the news?!

Your first step onto the property ladder could be a lot closer than you think… 👀

Introducing the £5k Deposit Mortgage, exclusively available to first time buyers🙌

What are the benefits?

☑️ Minimum deposit of £5,000
☑️ Reduces time needed to accrue deposit for first time buyers
☑️ Makes the housing marketing more accessible for first time buyers

What’s the entry criteria?

👉At least one applicant must be a first time buyer (defined as never having owned a property in the past) and no background properties on the application
👉Property must be a house only, no flats and new build properties
👉Available for house purchases ranging from £100K up to £500K
👉The maximum age allowable at the end of the term is 70
👉Any applicant must have indefinite right to reside in the UK

⚠️Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.

⚠️There may be a fee for mortgage advice. The precise amount will depend upon your circumstances.

 

 

 

 

 

 

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